A Quote by Jon Stewart
Analysis of President Bush's tax plan has revealed that several elaborate tricks and gimmicks were used to make it look like a $1.35 trillion cut, but in reality it's going to be closer to costing $1.8 trillion. Critics claim it's math so fuzzy, you have to squint to see our nation's future of subsistence farming and post-apocalyptic roving motorcycle gangs.
Quote Topics
Quote Author
Related Quotes
In 2001, Republicans used reconciliation to pass President Bush's $1.35 trillion tax cut that mainly benefited the wealthy.
Obama and Biden want to raise taxes by a trillion dollars. Guess what? Yes, we do in one regard. We want to let that trillion dollar tax cut expire so the middle class doesn't have to bear the burden of all that money going to the super-wealthy. That's not a tax raise. That's called fairness where I come from.
'Obama and Biden want to raise taxes by a trillion dollars.' Guess what? Yes, we do in one regard: We want to let that trillion dollar tax cut expire so the middle class doesn't have to bear the burden of all that money going to the super-wealthy. That's not a tax raise. That's called fairness where I come from.
The problem is that the way [President] Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents - number 43 added $4 trillion dollars by his lonesome - so that we now have over $9 trillion dollars of debt that we are going to have to pay back. [That's] $30,000 for every man, woman and child. That's irresponsible. It's unpatriotic.
When George Bush came into office, we had surpluses. And now we have half-a-trillion-dollar deficit annually. When George Bush came into office, our national debt was around $5 trillion. It's now over $10 trillion. We've almost doubled it.
But the point you need to know is that no president at war cut taxes $1.5 trillion, like Bush did.
But the point you need to know is that no president at war cut taxes $1.5 trillion, like George W. Bush did.
President Bush, yes, spent money like a drunken sailor, and left the nation with a record $400-billion deficit. President Obama, however, is spending far more money than Bush, with a record $1.8 trillion deficit projected for his first year.
Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues.
In an era of billion-person countries and trillion-pound economies, we need to find ways to amplify our voice. We are most likely to be heard when the Chinese negotiate with a £10 trillion E.U., not a £1.5 trillion Britain.
President Obama inherited a one trillion dollar deficit courtesy of George Bush and turned it into a three trillion dollar deficit courtesy of Karl Marx!
When George W. Bush entered office, the national debt was $5 trillion. When he left, it was $10 trillion. I think the administration spent too much money.
Democrats were quick to point out that President Bush's budget creates a 1 trillion dollar deficit. The White House quickly responded with 'Hey, look over there, it's Saddam Hussein.'
During the campaign for re-election, Barack Obama at least made vague references to a willingness to accept $3 trillion of reduced spending in exchange for a $1 trillion dollar tax increase.
Millions are unemployed and our roads are falling apart. If we can spend $6 trillion sending people to war, we can spend $1 trillion to put Americans to work fixing our nation's crumbling infrastructure. Let's rebuild America and create jobs.
President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity.
Related Authors
Adam Carolla Quotes
American
Entertainer
Andrew Flintoff Quotes
English
Entertainer
Conan O'Brien Quotes
American
Entertainer
David Copperfield Quotes
American
Entertainer
Dick Cavett Quotes
American
Entertainer
Earl Nightingale Quotes
American
Entertainer
Jamie Hyneman Quotes
American
Entertainer
Jim Ross Quotes
American
Entertainer
Khloe Kardashian Quotes
American
Entertainer
Marc Maron Quotes
American
Entertainer
Martha Stewart Quotes
American
Entertainer
Oprah Winfrey Quotes
American
Entertainer
Penn Jillette Quotes
American
Entertainer
RuPaul Quotes
American
Entertainer
Rush Limbaugh Quotes
American
Entertainer
Simon Cowell Quotes
British
Entertainer